This is less about the overall economy than the collapsing demand for impractical electric vehicles.
What’s hitting Tesla the hardest right now is they’re not getting the repeat customers they need to establish a long term foothold in the market.
EV’s are simply a fad and the fad, ironically, is running out of gas.
“This is less about the overall economy than the collapsing demand for impractical electric vehicles.”
No. It is about sales in China where the Chinese are rapidly flooding their market with subsidized EVs.
“What’s hitting Tesla the hardest right now is they’re not getting the repeat customers they need to establish a long term foothold in the market.”
What is hurting Tesla most is cheap subsidized cars in China.
“EV’s are simply a fad and the fad, ironically, is running out of gas.”
The Tesla Y is the #1 car sold in the world.
Elon Musk just lost $28 billion as Tesla took a beating. Now Toyota says ‘people are waking up to reality’ that EV adoption will be an uphill battle
EVs are indeed a fad because they’re impractical and we don’t have electrical generation capacity.
Mandating EVs will destroy the economy; that’s why Biden wants EVs.